Bitcoin Holds Steady Above $25K as European Banking Crisis Eases

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Bitcoin maintained its price above $25,000 after the Swiss National Bank appeared to head off a European banking crisis, and investors’ hopes rose that the U.S. central bank would turn more dovish at its next meeting. _jocelynyang_ reports

U.S. equity markets also turned green as markets continued to digest U.S. regulators’ backstop for depositors at Silicon Valley Bank and Signature Bank. The S&P 500, Wall Street's benchmark equity index, recently rose by 1.2%. The tech-heavy Nasdaq Composite and the Dow Jones Industrial Average were up 1.8% and 0.7%, respectively.

Meanwhile, the European Central Bank continued its own monetary tightening amid rising inflation on the continent,In a note, QCP Capital saw the move as a precursor of the Fed raising interest rates by 25 bps. “Anything overly dovish would strike fear in markets that the Fed knows something more, while pausing would confuse the message on inflation,” QCP Capital wrote. “Central banks will be keeping up their fight against inflation while working separately on ring-fencing troubled financial institutions.”

 

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_jocelynyang_ お金を稼ぐ目的は 他者より沢山の物を持つ為 その為の交換手段を沢山手に入れる事に それって 物が欲しいのではなくて 物を買う能力を誇示したい 他の能力を誇示してもいいのに 購買力を最優先にして 或いは金による人の支配 人を顎で使いたいから 困らせる嫌がらせ 苦しむのを

_jocelynyang_ 最後は中央銀行が債務を引き受けて 増刷してでも払ってくれれば 安心 徳政令連発しても 皆が規律を守った生活すれば お金はバーチャル不換紙幣 交換手段 目的は 生きるのに困らず生活する事だとしたら 物が等しく必要な量が必要なときに必要な場所に行き渡る為に必要な取引を円滑に

Looks like the Swiss National Bank has saved the day...again.

_jocelynyang_ Nope, it didn't.... Couldn't close more than 2 4h candle above 25k. That's not what I call holding steady above 25k. 🤡🤡🤡

_jocelynyang_ Another sucker don't make it v right.

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Bitcoin Slides Below $24.5K as European Banking Woes Spook InvestorsBitcoin slid below $24K at one point as investors weighed a potential European banking meltdown triggered by concerns about oft-embattled Credit Suisse. BTC later recovered some of the ground it lost. _jocelynyang_ reports _jocelynyang_ Go now and grab some Boba Inu! 😉 _jocelynyang_ Given the current state of the mature financial market here in the US, Folks are going to put more money into a great unknown like Bitcoin ? Software that is energy SUCKING , not fast enough for real-time transactions.. oh and... HACKABLE !!!! DONT say it's not ... _jocelynyang_ Syntrum is still in its early stages,team has already made significant progress, 0xSyntrum 0xSyntrum nft
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